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Crypto-News-Flash

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Jackson Palmer Journey: From Dogecoin Founder to Crypto Critic

  • Jackson Palmer, co-creator of Dogecoin, expresses disillusionment with the opportunism he perceives in the cryptocurrency industry.
  • Palmer created Dogecoin in 2013 as a parody of the growing crypto market alongside Billy Markus.
  • Despite never intending for Dogecoin to transform the financial industry, its cheerful design drew an unusual, fervent following.
  • Jackson Palmer turned away from Dogecoin and cryptocurrencies completely in 2015 due to worrying developments in the industry, such as a culture of profiteering and fraud.
  • Palmer has been highly critical of the cryptocurrency industry, claiming that many projects prey on the financially desperate and naive and that greed dominates the sector.
  • Palmer’s criticism extends to Elon Musk, who he labeled a “grifter” and believes exploited his public persona to control the market.
  • Jackson Palmer is a detractor of cryptocurrencies, criticizing the way they target the financially weaker and aggravate rather than mitigate inequality.
  • Now, through his podcast, Griftonomics, Palmer explores the junction of technology and money and the exploitation he thinks is widespread in both spaces.
  • Palmer is still cautious about the wider ramifications of the crypto market and its capacity to target people least able to afford to lose.

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Bitcoinist

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Dogecoin Price Prediction: Analyst Says Massive Parabolic Run Is Coming, Here’s The Target

  • Crypto analyst Javon Marks predicts a parabolic run for Dogecoin, with a potential price rally of over 400%.
  • Marks believes Dogecoin could reach its all-time high of $0.73 and potentially rise as high as $3.
  • Other analysts, such as Dima James, also anticipate significant gains for Dogecoin in this market cycle, with a price target of $10.
  • The recent increase in Dogecoin's price follows Elon Musk's mention of the proposed 'Department of Government Efficiency' (D.O.G.E), as the meme coin is tied to Musk.

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Zycrypto

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Dogecoin Price Surges 10% As Elon Musk Briefly Mentions Memecoin At Trump’s Pennsylvania Campaign

  • The price of Dogecoin (DOGE) has surged by over 10.5% in the past 24 hours, reaching $0.1349.
  • Elon Musk mentioned Dogecoin during a Pennsylvania town hall event, leading to applause from the crowd.
  • Musk's mention of Dogecoin came in response to a question about heading the Department of Government Efficiency.
  • The playful connection between the agency name and DOGE cryptocurrency has been interpreted as a subtle endorsement.

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TheNewsCrypto

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Dogecoin (DOGE) Strengthens Ground Amid a 9% Price Jump

  • Dogecoin (DOGE) registers a 9.10% price jump in the last 24 hours.
  • DOGE's price surge potentially indicates a bullish pattern, supported by positive technical indicators.
  • The current resistance level is preventing further decline for DOGE.
  • DOGE's price could potentially reach $0.13 according to an analyst.

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TheNewsCrypto

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The Top Cryptocurrencies Poised to Generate Wealth in 2024. Forecasts predicted Zig Network to rule over Dogecoin (DOGE) and Tron (TRX)

  • Dogecoin (DOGE) and TRON (TRX) are struggling to remain relevant in the crypto market, with dwindling prices and limited growth potential.
  • Meanwhile, newly launched DeFi protocol Zig Network is predicted to have the highest growth upside in 2024.
  • Zig Network offers an opportunity to invest at the ground floor of a project with potential for 100x growth.
  • The protocol aims to remove barriers to entry in DeFi and reward investors through a revenue sharing arrangement.

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Bitcoinist

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Dogecoin Price To $10: Similar Patterns That Led To Previous Parabolic Breakout Have Reappeared

  • Dogecoin price is showing signs of repeating a parabolic breakout, with a potential target of $10.
  • Recent price movements indicate a breakout, outperforming other cryptocurrencies.
  • The current pattern resembles Dogecoin's previous parabolic run in 2021.
  • To achieve $10, Dogecoin needs to break above the $0.18 resistance level.

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Newsbtc

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Dogecoin Jumps Over 16% In The Last Week — More Gains To Come?

  • Dogecoin (DOGE) surged over 16% in the last week, reaching $0.122 and experiencing a significant rise in trading volume.
  • Analysts predict a promising future for Dogecoin, with a bullish forecast of DOGE potentially hitting $24 in the long term.
  • Elon Musk's support continues to influence Dogecoin's price, with significant surges occurring when he publicly expresses his backing.
  • However, there are predictions of a 13% decrease in Dogecoin's value, dropping to $0.106 by mid-November.

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Bitcoinist

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Why Did The Dogecoin Price Rally Over 7% To Outpeform Bitcoin And Shiba Inu?

  • The Dogecoin price has rallied by over 7% in the last 24 hours, outperforming Bitcoin and Shiba Inu.
  • Elon Musk's tweet mentioning 'D.O.G.E' is believed to have contributed to the rally, as it is seen as indirect support for Dogecoin.
  • Musk's potential role in the Department of Government Efficiency under a Donald Trump administration could further boost Dogecoin.
  • Speculations about additional use cases and possible integration with the X platform further contribute to the potential bull run for Dogecoin.

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NullTX

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Dogecoin Sees Decline In Wallets Amid Market Uncertainty, But Analysts Predict Major Surge

  • 106,600 non-empty DOGE wallets have disappeared since October 8th, reflecting frustration among traders with Dogecoin's performance.
  • Despite the decline in wallet numbers, Dogecoin surged by 10% today, outperforming other major meme coins.
  • Analyst Ali Martinez predicts Dogecoin could reach $10 in the coming summer, generating excitement within the community.
  • Elon Musk's political donation to Donald Trump's campaign fuels rumors of Dogecoin reaching $1, benefiting from his influence.

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Crypto-News-Flash

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Dogecoin Patterns Hint at Possible Bullish Move by Late October

  • Dogecoin may follow a pattern similar to its previous cycle, with a potential rally by late October.
  • The accumulation of 2.07 billion DOGE by whales indicates growing interest in the Dogecoin network.
  • According to an analyst, Dogecoin's current pump started with four weeks of gains and then dropped for two weeks.
  • Based on past trends, Dogecoin could potentially reach $0.39 by the end of October and $2.7 by December.

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TheNewsCrypto

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Dogecoin: ChatGPT Predicts When DOGE Will Hit $1 And Which Token Could Deliver Better Returns by 2025

  • Dogecoin (DOGE) has gained massive popularity, but the specific date for it reaching $1 remains unknown.
  • Rexas Finance (RXS) is a crypto project with potential for higher returns in 2025.
  • In the presale stages, RXS has shown promising growth, with a potential 4x return on launch.
  • Rexas Finance aims to tokenize real-world assets, providing lucrative investment opportunities.

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Bitcoinist

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Dogecoin Jumps 10% Just As 106,600 Holders Give Up On DOGE

  • Dogecoin has witnessed a rally of around 10% after a mass exodus of holders from the DOGE network.
  • Dogecoin has seen an uplift of nearly 12% in the last 24 hours, surpassing the $0.127 level.
  • Total amount of Dogecoin holders has declined, with around 106,600 addresses emptying out in the past week.
  • The current rally in Dogecoin could have higher chances of success as weaker hands have capitulated.

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Bitcoinist

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Dogecoin Makes Grayscale’s List Of Potential Crypto Products, Is A DOGE ETF Coming?

  • Grayscale, the crypto asset management firm, is considering expanding its offerings to include products based on Dogecoin.
  • Grayscale's diverse portfolio currently includes cryptocurrencies like Bitcoin, Filecoin, Bittensor, and Decentraland.
  • Dogecoin, categorized under 'consumption and culture', is being considered as a potential asset for investment products.
  • The potential Dogecoin product could attract traditional investors and legitimize meme coins like Shiba Inu and Floki.

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Bitcoinist

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Dogecoin To Reach $2.7 By December? Market Expert Lays Out Potential Path For DOGE

  • Dogecoin, the largest meme coin, continues to attract a series of bullish predictions from market experts.
  • Master Kenobi, a crypto expert, suggests that Dogecoin could reach $2.7 by December based on past cycle trends and current price performances.
  • However, the number of DOGE holders has been decreasing, raising concerns about the coin's long-term stability.
  • Investors are closely monitoring DOGE's price performance for a potential larger rally in the ongoing bull cycle.

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Newsbtc

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Dogecoin Holder Base Falls To 6-Month Low, But Analyst Believes DOGE Price Is Headed To $10

  • The number of active long-term Dogecoin holders has reached a six-month low, with a net loss of approximately 106,600 wallets.
  • Investors are expressing frustration with Dogecoin's poor market performance, leading to a shift in sentiment and interest.
  • Dogecoin is currently trading at $0.12, experiencing slight upticks but failing to reach the coveted $1 mark.
  • Despite the decline in holder base, a crypto analyst predicts that Dogecoin will reach $10 based on its historical patterns.

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